Examlex
Explain the meaning of financial leverage and leveraged buyout.
Conditions Precedent
Specific conditions that must be met before a contract becomes effective or before an obligation to perform is triggered.
De Jure
According to rightful entitlement or claim; by right of law, often distinguishing legal authority or legitimacy from de facto (or actual) power or control.
De Facto
A term used to describe practices that exist in reality, even though they are not officially recognized by laws.
Promissory Notes
Written, legally binding agreements in which one party promises to pay another a specified sum of money at a future date or on demand.
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